After last week’s market crash, memecoins have rebounded strongly and become the most attractive cryptocurrency choice at the moment.
The altcoin market has also quickly recovered as the Bitcoin price stabilized above $56,000 and is currently trading at $57,248.
Ethereum rebounded above $3,000 and the entire altcoin market is aiming to recover to pre-crash levels. In this recovering market, the best performing meme coin has made waves and achieved double-digit gains in the past 24 hours.
This year, savvy investors have zeroed in on meme-based cryptocurrencies as a retail investment option. Here are the best meme coins to buy in the recovering market.
BONK: Up 23%, Is It a Cryptocurrency Worth Buying?
As a new dog-themed meme coin based on the Solana ecosystem, BONK’s price is expected to experience significant volatility in 2024.
As the market recovers, meme coins are gearing up for a new rally.
Trading ideas:
BONK price remained above the critical support at $0.000020 or the 23.60% retracement level and the price increased by 23% as the market bottomed.
This 23% gain, following two bullish candles and an intraday gain of 8%, signals a breakout of the 38.20% level.
As the demand and hype for the meme coin resurfaces, the price of BONK might surpass the $0.00002679 mark.
Such a breakout rally could push the Solana-based dog-themed cryptocurrency to the $0.000045 level and take its market size past $2 billion.
Therefore, BONK is definitely one of the best cryptocurrencies to buy right now.
Summarize:
As the market recovers from the crash, memecoins have shown strong rebound momentum and have become the focus of investors. The outstanding performance of PEPE, BONK, and BRETT in the recovery market makes them the most worthwhile cryptocurrencies to buy at present.
In this extremely volatile market, savvy investors can seize potential investment opportunities and realize substantial returns by keeping an eye on these memecoins.
After last week’s market crash, memecoins have rebounded strongly and become the most attractive cryptocurrency choice at the moment.
The altcoin market has also quickly recovered as the Bitcoin price stabilized above $56,000 and is currently trading at $57,248.
Ethereum rebounded above $3,000 and the entire altcoin market is aiming to recover to pre-crash levels. In this recovering market, the best performing meme coin has made waves and achieved double-digit gains in the past 24 hours.
This year, savvy investors have zeroed in on meme-based cryptocurrencies as a retail investment option. Here are the best meme coins to buy in the recovering market.
BONK: Up 23%, Is It a Cryptocurrency Worth Buying?
As a new dog-themed meme coin based on the Solana ecosystem, BONK’s price is expected to experience significant volatility in 2024.
As the market recovers, meme coins are gearing up for a new rally.
Trading ideas:
BONK price remained above the critical support at $0.000020 or the 23.60% retracement level and the price increased by 23% as the market bottomed.
This 23% gain, following two bullish candles and an intraday gain of 8%, signals a breakout of the 38.20% level.
As the demand and hype for the meme coin resurfaces, the price of BONK might surpass the $0.00002679 mark.
Such a breakout rally could push the Solana-based dog-themed cryptocurrency to the $0.000045 level and take its market size past $2 billion.
Therefore, BONK is definitely one of the best cryptocurrencies to buy right now.
Summarize:
As the market recovers from the crash, memecoins have shown strong rebound momentum and have become the focus of investors. The outstanding performance of PEPE, BONK, and BRETT in the recovery market makes them the most worthwhile cryptocurrencies to buy at present.
In this extremely volatile market, savvy investors can seize potential investment opportunities and realize substantial returns by keeping an eye on these memecoins.
